Iconic Worldwide to buy property investment firm for RM39.8m
Iconic said it has entered into a share purchase agreement to acquire 200,000 ordinary shares representing 100% equity interest in Goldenluck, which will be entirely satisfied via cash.
AME REIT makes modest debut on Bursa at RM1.14
The first transaction involved 1.06 million shares.
UEM Sunrise completes issuance of RM295m Islamic medium term notes
The IMTN programme comes together with an Islamic commercial papers programme, and together they have a combined aggregate limit of up to RM4 billion in nominal value.
Jiankun offered to be main contractor of RM90 mil construction job in Sentul
Jiankun International Bhd has been offered to be the main contractor of a RM90 million development project located in Sentul by a unit of Menara Rezeki Sdn Bhd.
Global Oriental to acquire three retail lot units in Pavilion Bukit Ceylon for RM30 mil
Global Oriental Bhd is acquiring three shop units in Bukit Ceylon, Kuala Lumpur for RM30 million, as part of its development of a 39-storey premium service residence project.
KIP REIT mall tenants less impacted by rising cost, says executive director
KIP REIT’s portfolio of assets comprises six community-centric malls strategically located in Bangi in Selangor, Tampoi, Kota Tinggi and Masai in Johor, Senawang in Negeri Sembilan and Melaka.
NCT Group inks four collaborations to boost NSIP project
NCT Group of Companies (NCT) has entered into four synergistic collaborations to further strengthen its value proposition for the upcoming NCT Smart Industrial Park (NSIP) project.
JAKS offers shares under long-term incentive plan to directors, employees
JAKS Resources Bhd has offered share options under its long-term incentive plan (LTIP) to eligible directors and employees of the group and its subsidiaries.
Old office blocks left in limbo as new skyscrapers vie for tenants
It may be challenging for older office buildings in the Klang Valley, which have been left vacant as their owners or tenants move to newer developments, to be filled up, as more new office buildings spring up and more companies move out of the older buildings, said experts in the property sector.
EcoWorld International core net loss to narrow in 4QFY22F, says CGS-CIMB
CGS-CIMB Research has maintained its “Hold’ rating on Eco World International Bhd (EWI) at 32 sen with a lower target price (TP) of 35 sen (from 38 sen) and said the company’s 9MFY10/22 results were worse than expectations due to additional costs recognised for built-to-rent (BTR) projects.
